0 Inster Rd, Farmington Hills, MI 48033
This exceptional 7.52-acre vacant land parcel presents a unique investment opportunity in Southfield, Michigan. Located on the east side of Inkster Road, between 10 Mile and 11 Mile Roads, this property boasts a highly desirable west-side location. Currently zoned R-E (Single Family Residential), the land offers potential for rezoning to accommodate various development projects, including residential communities or a large estate. The property's convenient location provides easy access to major amenities and destinations within a 10-15 minute drive. Ordinance requirements permit a 50-foot natural features perimeter, with options for site condominiums and detached cluster developments, allowing for flexible design and development. The APN is 24-19-351-004. The asking price is $699,900. This substantial land holding represents a rare chance to acquire a prime piece of real estate in a thriving area. The possibilities are endless for this versatile property. Consider the potential for a school, church, or community building, subject to necessary approvals and zoning changes. This private trust-owned land is ready for its next chapter.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.